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Jan 21, 2013
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not make the fight about the debt ceiling, pass the three-month extension into april and, instead, make their stand either on march 1, when the automatic sequestration, $100 billion in spending cuts takes effect or march 27 when the government runs out of money. good idea? >> i think so, i think the debt ceiling struggle is probably a loser. the public has been convinced i think to some extent by what amounts to false information, that flows out of the white house and other quarters and throughout too much of the media, that the failure to raise the debt limit would mean an automatic default on international debt which is not true, but, nonetheless, scary. and, i think they didn't want to face that. they didn't do well the last time and have chosen a strategy to use this to get the senate, indirectly to pass a budget, which would be kind of historic, sips it has not happened in several years. and would at least shift the focus away from themselves and as for fighting on the continuing resolution to keep the government only or the sequester, it remains to be seen what strategy, actually
not make the fight about the debt ceiling, pass the three-month extension into april and, instead, make their stand either on march 1, when the automatic sequestration, $100 billion in spending cuts takes effect or march 27 when the government runs out of money. good idea? >> i think so, i think the debt ceiling struggle is probably a loser. the public has been convinced i think to some extent by what amounts to false information, that flows out of the white house and other quarters and...
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Jan 21, 2013
01/13
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they will fight on issues of spending and debt and debt ceiling. they are not ruling out. democrats have a ten-point advantage, 55-45. you only need 40. there could be a real showdown if the republicans stick together. they say they are not in the mood to, essentially, they say compromise on things that are poor principles for them. they are more geared up to fight and take on some of these legislative battles. for the next four years we will see. we will have another midterm election that could change the makeup of the house and senate again. that will have a big impact on his last two years in office as well. neil: we are just getting a shot at sasha and melia, the president's daughters. they have grown in the last four years. and his mother in law. this is the first president in more than a generation who has his mother-in-law living at the white house. good or bad, he has his mother-in-law living at the white house. that should be, at some levels, admired. it is what it is. she is very instrumental in raising the girls and keeping them grounded. the major folks are in
they will fight on issues of spending and debt and debt ceiling. they are not ruling out. democrats have a ten-point advantage, 55-45. you only need 40. there could be a real showdown if the republicans stick together. they say they are not in the mood to, essentially, they say compromise on things that are poor principles for them. they are more geared up to fight and take on some of these legislative battles. for the next four years we will see. we will have another midterm election that...
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Jan 21, 2013
01/13
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going to wait three more months and fight this fight again on the debt ceiling. between now and then there is lot of work to be done. >> yeah, but obama has a tailwind going into his second term in terms of the economy. just a couple figures to give you some idea. if wash does nothing special to help the economy over the next four years we're probably still going to see 10 million new jobs by the time obama leaves office in 2017. in his first term the economy only created $470,000 jobs. there is good and bad news for obama. the bad news he will not fight a horrible recession when he started out in 2009. the bad news, because the economy will sort of be limping along i don't think he will find a lot of support for some of the economic measures he wants to see, somewhat he might call job stimulating ideas. so the real question for obama in his second term is, what is he going to do new to help really reinvigorate an economy that just kind of is tired right now. i don't think we've heard any new ideas, including today in his speech. that is one of the things i will
going to wait three more months and fight this fight again on the debt ceiling. between now and then there is lot of work to be done. >> yeah, but obama has a tailwind going into his second term in terms of the economy. just a couple figures to give you some idea. if wash does nothing special to help the economy over the next four years we're probably still going to see 10 million new jobs by the time obama leaves office in 2017. in his first term the economy only created $470,000 jobs....
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Jan 21, 2013
01/13
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they've agreed to raise the debt ceiling, as far as we know. this would be for three months, and then they would take it from there. but this gives everybody some breathing room and has to be taken as good news today. >> and now we see live the vice president's sons and the vice president's daughter taking their seat as the families of the president and the vice president are announced here on the west front of the u.s. capitol. we'll be expecting to see the first family again here shortly. and, of course, the crowds up and down the national mall, here to witness american history for themselves. they have a much easier day of it today than they did in 2009. in 2009 when the president took the oath, it was 28 degrees, but now it's about 39 degrees in washington and it is cloudy but a very beautiful day here, a perfect day for the inauguration of the president. >> looking at those pictures, scott, it's hard to believe that this crowd is only about a half, or maybe not even that much, of the size of the crowd that was here in 2008. it was just an
they've agreed to raise the debt ceiling, as far as we know. this would be for three months, and then they would take it from there. but this gives everybody some breathing room and has to be taken as good news today. >> and now we see live the vice president's sons and the vice president's daughter taking their seat as the families of the president and the vice president are announced here on the west front of the u.s. capitol. we'll be expecting to see the first family again here...
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Jan 21, 2013
01/13
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FBC
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lori: if you move past his next fight, when everett will be about raising the debt ceiling. we just heard from the president this morning saying that this is an important issue, but we're not point to sacrifice things like entitlement. that said, the back half of 2013, for the economy, what is the likelihood is strong in the first half once we ideally get past these issues, these fiscal issues? >> that's a great question. that is a huge if. our debt keeps growing and growing. now, if that happens and there is no big political bonds out there that we are not aware of and big discussions the last two years with no resolution then people should start to hire people. they have done that for the past hundred and 50 years. we are really in a very uncertain sign. the guys in washington are not making it better by not getting along in making policies early enough so that these businesses can decide what they're going to do. lori: we just heard from our colleague on the public sector. cash on the sidelines. tons of revenue being generated overseas. is the private sector able to enjoy
lori: if you move past his next fight, when everett will be about raising the debt ceiling. we just heard from the president this morning saying that this is an important issue, but we're not point to sacrifice things like entitlement. that said, the back half of 2013, for the economy, what is the likelihood is strong in the first half once we ideally get past these issues, these fiscal issues? >> that's a great question. that is a huge if. our debt keeps growing and growing. now, if that...
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Jan 21, 2013
01/13
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yes, we're going to get an extension as bob reported on the debt ceiling maybe for a couple of months but notice how the republicans have placed a lot of contingencies on. that well unless you pass the budget by april we'll cut everybody's pay so we're going to have a series of cascading fiscal cliff-esque budget deadlines over the next several months and that really is the biggest threat to president obama's agenda. the things he talked about today whether it was on climate change immigration reform, gun safety. it's hard to do those things when you have as john pointed out leftovers from the first term. >> pelley: unity on monday, real politics on tuesday. norah and john, thank you very much. cbs news live coverage of the second inauguration of president obama will continue after these words. sometimes life can be well, a little uncomfortable. but when it's hard or hurts to go to the bathroom, there's dulcolax stool softener. dulcolax stool softener doesn't make you go, it just makes it easier to go. dulcolax stool softener. make yourself comfortable. ♪ i dare you to dare me this
yes, we're going to get an extension as bob reported on the debt ceiling maybe for a couple of months but notice how the republicans have placed a lot of contingencies on. that well unless you pass the budget by april we'll cut everybody's pay so we're going to have a series of cascading fiscal cliff-esque budget deadlines over the next several months and that really is the biggest threat to president obama's agenda. the things he talked about today whether it was on climate change immigration...
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Jan 21, 2013
01/13
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MSNBCW
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let the debt ceiling go because we're going to be blamed for the economic fallout. let's push that down the road kick the can down the road, as they say, and try to get some budget out of the senate and try to get some real spending cuts in the next three months. so paul ryan and others within the caucus are seeing a longer game here than is this freshman senator from texas. >> but if you ask paul ryan what he wants to do on gun control, he would say, i don't want to do anything on gun control. you've talked to moderate republicans -- >> what about registration? >> the only thing they might do is something on registration. >> background checks. >> that's it. no idea that you're banning weapons. no chance. >> registration is the worst. >> put it on tape. 5 0% chance it passes. >> good because hunters need 30 bullets. >> if you've seen a single republican say they support that -- >> a democratic lobbyist last night working on this very issue, he said we don't have the votes. that's now, and that is before the president goes outside with the outside game and tries to g
let the debt ceiling go because we're going to be blamed for the economic fallout. let's push that down the road kick the can down the road, as they say, and try to get some budget out of the senate and try to get some real spending cuts in the next three months. so paul ryan and others within the caucus are seeing a longer game here than is this freshman senator from texas. >> but if you ask paul ryan what he wants to do on gun control, he would say, i don't want to do anything on gun...
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Jan 21, 2013
01/13
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they decided to get off the track of fighting him on raising the debt ceiling. they're still going to negotiate that path. they have to vote, look at the first daughter. reflect the public's desire. cut government spending to compromise while thinking ahead to their own political calendar and trying to push the president where they can, where they think it's appropriate. >> this is as decent a measure as how far we've come in four years ago any. everyone looking at the first daughters, saying how big they've grown in four years. >> they seemed like little girls four years ago and now they are young ladies. >> and notably out of the spotlight, which is just how their mother and dad want. sasha needed a box to stand on last time. no more. >> her older sister is strikingly tall. she moves around the corridors of school. >> and their grandmother, michelle obama's mother is there, also. we don't really get to see enough of her. >> as is her wish. everyone around me just says what a terrific president is around the white house. it makes it feel like home, makes it fee
they decided to get off the track of fighting him on raising the debt ceiling. they're still going to negotiate that path. they have to vote, look at the first daughter. reflect the public's desire. cut government spending to compromise while thinking ahead to their own political calendar and trying to push the president where they can, where they think it's appropriate. >> this is as decent a measure as how far we've come in four years ago any. everyone looking at the first daughters,...